(Bloomberg) -- Ghana’s economy grew at the fastest rate in two years in 2021 beating forecasts by government and the International Monetary Fund after a better-than-expected fourth quarter.

Gross domestic product grew 5.4% last year, government statistician Samuel Kobina Annim told reporters Wednesday in the capital, Accra. That compares with a Finance Ministry estimate of 4.4%, the presidency’s 5.3% and an IMF projection for 4.2% growth.

GDP expanded 7% in the three months through December from a year earlier, compared with a revised 6.5% growth in the prior three months. The growth rate exceeded the 4% median estimate of six economists in a Bloomberg survey.



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